In comparing an ordinary annuity and an annuity due, which of the following is true? a. The future value of an annuity due is always less than the future value of an otherwise identical ordinary annuity, since one less payment is received with an annuity due. O b. The future value of an annuity due is always greater than the future value of an otherwise identical ordinary annuity. c. The future value of an ordinary annuity is always greater than the future value of an otherwise identical annuity due.

Q: The present value of a lump sum future amount: O A. increases as the interest rate decreases. O B.…

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Q: ompare an ordinary annuity with a prepayment annuity.

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A:

Q: The future value of an ordinary annuity is less than that of an annuity due

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Q: TRUE / FALSE The discount rate used to discount the value of future dollars can generally be…

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Q: If interest rates increase, the value of a fixed income contract decreases and vice versa. true?…

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Q: In which of the following tables would all present value factors be less than or equal to one?…

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